Uber stock rises as Waabi robotaxi deal puts autonomy back in focus
Uber shares rose 2.7% to $81.93 Thursday after reports of a $500 million investment plan in Canadian self-driving startup Waabi, aiming to deploy 25,000 robotaxis in Uber’s fleet. Waabi said it raised $1 billion, including Uber’s milestone-based funding. Lyft gained 3.8%, while Tesla fell 2.5%. Uber will report Q4 and full-year results on Feb. 4.